Question: You run a construction rm. You have just won a contract to build a government ofce complex. Building it will require an investment of $10.2

You run a construction rm. You have just won a
You run a construction rm. You have just won a contract to build a government ofce complex. Building it will require an investment of $10.2 million today and $5.1 million in one year. The government will pay you $21.4 million in one year upon the building's completion. Suppose the interest rate is 10.8%. a. What is the NPV of this opportunity? b. How can your rm turn this NPV into cash today? a. What is the NPV of this opportunity? The NPV of the proposal is $ million. (Round to two decimal places.)

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